The Dutch parent of pioneering Russian tech company Yandex is selling its operations in the country at a steeply discounted price of just over $5 billion to its Russia-based managers, oil company Lukoil and other investors.
Fascinating watching companies who chose to operate in places like Russia and China now pay the price for that decision. Maybe chasing pots of gold by operating businesses in places where the law is a mere suggestion that can be overridden at the whim of a dictator isn’t such a great idea after all.
Maybe chasing pots of gold by operating businesses in places where the law is a mere suggestion that can be overridden at the whim of a dictator isn’t such a great idea after all.
Probably not the conclusion they’ll arrive at; the correct people already got rich off this bullshit.
Fascinating watching companies who chose to operate in places like Russia and China now pay the price for that decision. Maybe chasing pots of gold by operating businesses in places where the law is a mere suggestion that can be overridden at the whim of a dictator isn’t such a great idea after all.
Probably not the conclusion they’ll arrive at; the correct people already got rich off this bullshit.